S. N. Jacobi v. International Business MacHines Corporation

The defendant, International Business Machines Corporation, is engaged in the business of leasing sophisticated data processing equipment and, for the purpose of negotiating, servicing and conserving such leases, employed Jacobi, the plaintiff, as one of its territorial sales representatives. Plaintiff’s compensasion was governed by the provisions of a written Sales Compensation Plan contract. The present controversy involves the construction of the Compensation Plan Contract as it applies to the plaintiff’s commission compensation for the years 1963 and 1964. Based upon the record, including…